16 U.S.C. § 835l : US Code - Section 835L: Congressional declaration of financial policy; limitations on assistance; analyses and studies; "net revenues" defined

Search 16 U.S.C. § 835l : US Code - Section 835L: Congressional declaration of financial policy; limitations on assistance; analyses and studies; "net revenues" defined

It is declared to be the policy of the Congress that reclamation
projects hereafter authorized in the Pacific Northwest to receive
financial assistance from the Federal Columbia River power system
shall receive such assistance only from the net revenues of that
system as provided in this section, and that their construction
shall be so scheduled that such assistance, together with similar
assistance for previously authorized reclamation projects
(including projects not now receiving such assistance for which the
Congress may hereafter authorize financial assistance) will not
cause increases in the rates and charges of the Bonneville Power
Administration. It is further declared to be the policy of the
Congress that the total assistance to all irrigation projects, both
existing and future, in the Pacific Northwest shall not average
more than $30,000,000 annually in any period of twenty consecutive
years. Any analyses and studies authorized by the Congress for
reclamation projects in the Pacific Northwest shall be prepared in
accordance with the provisions of sections 835j to 835m of this
title. As used in sections 835j to 835m of this title, the term
"net revenues" means revenues as determined from time to time which
are not required for the repayment of (1) all costs allocated to
power at projects in the Pacific Northwest then existing or
authorized, including the cost of acquiring power by purchase or
exchange, and (2) presently authorized assistance from power to
irrigation at projects in the Pacific Northwest existing and
authorized prior to September 7, 1966.